Notwithstanding the sharp outflow from equity funds, BSE StAR MF platform has registered a net inflow of ₹653 crore in July. The MF industry has logged an outflow of ₹2,480 crore in equity schemes last month. However, equity inflow through the platform was down 64 per cent last month when compared to ₹1,882 crore registered in June. Overall net inflow through the platform was at ₹6,637 crore, which was 7 per cent of the industry inflow of ₹89,813 crore. The online platform had registered 3.07 lakh new SIPs worth ₹76 crore in July taking its overall SIP
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.